Disposal Completed

JOHNSON, MATTHEY PLC 18 August 1999 Completion of Sale of Electronic Materials Johnson Matthey announces that it has completed the sale of its Electronic Materials Division to AlliedSignal Inc. for US$655 million in cash. Enquiries: John Sheldrick, Group Finance Director, Johnson Matthey 020 7269 8438 Howard Lee, Gavin Anderson 020 7457 2345
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